REO - 94 units of Single Family Residential located in the state of  Alaska (5), Florida (1), Georgia (4), Illinois(7), Indiana (10), Kentucky(4), Kansas (1), Minnesota (2), Michigan(3), Misouri(5), Masachusset (2), North Carolina (2), Ohio (32), Pensylvania (5), Tennisee (4), Texas (1) and Wisconsin (3).

Cherry picking is allowed at higher price. Email me at rico@socalrealestates.net to get the list.

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BPO REO simplified how to work with asset managers Book Release, REOCertified (edit/…

OPERATORS OF CALIFORNIA-BASED MORTGAGE MODIFICATION SCAM

SENTENCED FOR CONSPIRACY TO COMMIT FRAUD

WASHINGTON, DC - The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) and the United States Attorney for the Southern District of California Laura E. Duffy today announced that three individuals charged with conspiracy to…

Clear Capital Reports Rising Prices Across All Regions

By: Esther Cho

National home prices saw both quarterly and yearly gains in June, and all four regions across the U.S. posted quarterly increases, according to the Home Data Index (HDI) released by…

If you want to live frugally, head South or Southwest, according to Kiplinger's latest annual list of cheapest U.S. cities to live. 

Texas, known for its affordable housing, had the most cities in the Top 10 list.

Kiplinger compiled its list by factoring in living expenses of metro areas,…

Lack of Distressed Properties Led to May's Drop in Existing Home Sales

By: Esther Cho

The drop in existing home sales reported by the National Association of Realtors (NAR) Thursday likely stemmed from a lack of distressed properties on the market, according to IHS Global Insight.

In May,…

BPO & REO Simplified: How To Work With Asset Managers,REOCertified

This book provides a thorough understanding of the complex procedures, guidelines, timeframes, and tasks the Outsourcers, Banks and Lenders demand in today’s REO (Real Estate Owned), or Bank Owned Distressed Market.…

This book provides a thorough understanding of the complex procedures, guidelines, timeframes, and tasks the Outsourcers, Banks and Lenders demand in today’s REO (Real Estate Owned), or Bank Owned Distressed Market.

And here is the link to the book ($10.95) itself…

The Best Seminar in 'California' is now available in Upland!! INCREASE YOUR INCOME by Learning Best Practices for REOs & BPOs

REOcertified® National Designation is being conducted in Upland, CA on June 20th. Increase you INCOME, learn BPOs & REOs. Join…

Hoarder House Nightmare!!!

By: James A. Browning MRE

Some REO assignments are more interesting than others! Treat all REO assignments the same with professionalism.

The Bank assigned an REO…

Texas Man Gets 61 Months in Prison for Foreclosure-Rescue Scheme

By: Esther Cho

An Austin, Texas, man was sentenced Thursday to 61 months in prison for his role in a foreclosure-rescue scam that took place in Southern California and elsewhere, Special Inspector General for the Troubled Asset Relief Program (SIGTARP) announced Friday.

Frederic Alan Gladle, 53, was charged in the Western District of Texas and ordered to forfeit $84,010 and 63 prepaid debit cards he used…

REO Prices Increase, Fair Market Prices Drop, Home Values Stabilizing

By: Esther Cho

According to data from Clear Capital, over the last year, REO prices have increased 5.5 percent, while fair market prices dropped 2.9 percent. The real estate data provider explained that demand for REOs is most likely causing the increase in prices and named Carrington Holding Company, Amherst Securities…

REO Prices Increase, Fair Market Prices Drop, Home Values Stabilizing

By: Esther Cho

According to data from Clear Capital, over the last year, REO prices have increased 5.5 percent, while fair market prices dropped 2.9 percent. The real estate data provider explained that demand for REOs is most likely causing the increase in prices and named Carrington Holding Company, Amherst Securities…

As housing inventories shrink, more buyers are reportedly finding their perfect home in properties that haven’t even been listed on the market yet.

“Such back-pocket deals used to involve mostly luxury homes where buyers and sellers wanted to keep the sale hush-hush,” The Star Tribune reports. “But…

REO Prices Increase, Fair Market Prices Drop, Home Values Stabilizing

By: Esther Cho

According to data from Clear Capital, over the last year, REO prices have increased 5.5 percent, while fair market prices dropped 2.9 percent. The real estate data provider explained that demand for REOs is most likely causing the increase in prices and named Carrington Holding Company, Amherst Securities Group, and Waypoint…

Inventory is shrinking and traffic for homebuyers seems to be increasing, but according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, home prices were down in March. One reason for this, according to the survey, which includes about 2,500 real estate agents, is the high number of distressed properties on the market.

Home prices for non-distressed properties in…

If you decide to do a short sale, there are a few favorable laws that you should know about that are currently in effect until the December 31, 2012. But, the clock is ticking. So the time to act is now if you wish to complete the short sale process on your Southern California home before these laws and their benefits to you expire.

Most lenders will require you to use a professional real estate agent to assist you in completing a short sale. There is zero out of pocket money for you…